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Shares of URBN Down 9.5% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Urban Outfitter (NASDAQ:URBN) on April 22nd, 2019 at $29.88. In approximately 4 weeks, Urban Outfitter has returned 9.49% as of today's recent price of $27.04.

Over the past year, Urban Outfitter has traded in a range of $26.34 to $52.50 and is now at $27.04, 3% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 1%.

Urban Outfitters, Inc., a lifestyle products and services company, engages in the retail and wholesale of general consumer products. The company retails women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28 under the Urban Outfitters brand; and women's casual apparel and accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty products for women aged 28 to 45 under the Anthropologie brand.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Urban Outfitter.

Log in and add Urban Outfitter (URBN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights urban outfitter

Ticker(s): URBN